Market verdict: Buyer's Market · 56 days on market
Buyers currently have more choice in Langley's multi-family market, with homes taking longer to sell. Multi-family properties are selling in an average of 56 days on the market. The absorption rate is 11.5% — meaning 11.5% of active multi-family inventory sells each month. If you're considering buying a multi-family property in Langley, you have more time to negotiate — though well-priced homes still attract attention.
Average MLS® sold price of multi-family properties by time window. Longer windows smooth out month-to-month swings in low-volume areas.
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Average sold price per month (all multi-family types combined)
How many multi-family properties sold in each price bracket (last 90 days)
Insufficient recent sales data to determine the average multi-family price in Langley at this time.
Based on current data, Langley is a Buyer's Market for multi-family properties.
The absorption rate is 11.5%, with 26 active listings and 0 sales in the last 30 days.
Multi-family properties in Langley are taking an average of 56 days on the market before selling.